Company News

NewsNation Announces Key Editorial Hires and Expansion of Production Facilities In New York City and Washington, D.C.

Jake Novak Named Deputy Managing Editor, Ali Bradley Joins as Southwest Correspondent, and Hayley Turner Named Senior Producer for “On Balance with Leland Vittert” Chicago, IL (August 22, 2022) – As NewsNation continues to expand its news production operations in Chicago, New York and Washington, D.C., Vice President of News and Managing Editor Cherie Grzech today […]

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Nexstar Media Television Stations Raise More Than $300,000 To Assist Relief Efforts For Kentucky Flood Victims

Nexstar Media Charitable Foundation Donates $25,000 to Effort IRVING, TX (Aug. 15, 2022) – Nexstar television stations across the country today concluded a ten-day fundraising drive to assist victims affected by the recent flooding that has devastated eastern Kentucky.  The participating stations collectively raised more than $300,000 for the effort, capped off with a $25,000 […]

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(WSJ) Nexstar to Buy Majority Control of CW Network

“Nexstar Media Group Inc., the nation’s biggest owner of local television stations, said it has agreed to buy majority control of the CW Network from co-owners Warner Bros. Discovery Inc. and Paramount Global PARA 1.51%▲.” Click here to continue reading via Wall Street Journal: https://www.wsj.com/articles/nexstar-to-buy-majority-control-of-cw-network-11660564533

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(LA Times) TV station owner Nexstar acquires a controlling stake in CW Network

“Nexstar Media Group, the country’s largest TV station owner, has acquired a controlling stake in the CW Network from its co-owners Paramount Global and Warner Bros. Discovery. The Irving, Texas-based company announced the deal Monday, giving it control of a national broadcast service already carried by 37 of its stations including WPIX in New York, […]

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(Variety) Nexstar to Acquire 75% Stake in the CW Network From Paramount Global, Warner Bros. Discovery

“Nexstar Media Group revealed Monday it is set acquire a 75% majority stake in the CW Network from Paramount Global and Warner Bros. Discovery, more than six months after first beginning negotiations for the deal.” Click here to continue reading via Variety: https://variety.com/2022/biz/news/the-cw-nexstar-acquisition-paramount-warner-bros-discovery-1235150229/

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(Deadline) The CW Poised To Get New Corporate Home As Nexstar Confirms Plan For 75% Ownership Stake; Mark Pedowitz To Remain CEO

“The CW is about to enter a new ownership era, as local TV giant Nexstar Media Group has confirmed a pending deal to acquire a 75% stake in the 16-year-old broadcast operation.” Click here to continue reading via Deadline: https://deadline.com/2022/08/the-cw-nexstar-new-owner-closes-deal-broadcast-tv-1235092108/

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(Reuters) TV station owner Nexstar to buy majority stake in CW Network

“Nexstar Media Group (NXST.O), the largest local TV station owner in the United States, said on Monday it will acquire a majority stake in The CW Network, home to popular shows such as ‘Riverdale’, which based on the popular Archie comics, and superhero show ‘The Flash’.” Click here to continue reading via Reuters: https://www.reuters.com/markets/deals/nexstar-acquire-75-cw-network-2022-08-15/

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